Blogotariat

Oz Blog News Commentary

Chinese old economy crash lands

September 15, 2021 - 12:37 -- Admin

Down she goes and where it stops nobody knows. Chinese August data is out. It is OK at the headline level but downright disastrous at the commodities level. Headline data all missed expectations. Year to date fixed asset investment was OK at 8.9%, industrial production good at 13.1% and retail sales at 19%. But when

The post Chinese old economy crash lands appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]